Prvte London Ltd

Prvte London Ltd, based in Cardiff, UK, is a small, active company founded three years ago. While currently operating, it has overdue accounts and confirmation statements, and employs just one person. The company holds £13,638 in assets and is managed by a single director and owner. It operates in the retail sale via mail order houses or via internet industries.

The company’s website, simply titled “Coming Soon,” offers little detail beyond a call to action to build a website and sell products. It’s a basic landing page, suggesting a nascent online presence or a business still in its early stages of development. The site's simplicity indicates a focus on the core business rather than extensive online marketing.

Financially, Prvte London Ltd presents a mixed picture. Current assets remain stable at £14,000, but net assets have fallen to a mere £26. Bank borrowings are minimal, and cash reserves stand at £4,000. However, creditors remain at £14,000, and trade debtors are £9,700, indicating a reliance on credit. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the decrease in equity is a cause for concern. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

The company’s financial data suggests it’s not burning through money at a startup pace, but it's also not demonstrating strong growth. The steady creditors and debtors suggest a consistent level of business activity, but the small equity base indicates a limited financial cushion. The lack of significant cash reserves could make it vulnerable to unexpected expenses or downturns in sales.

Registered in England/Wales under the registration number 13848554, with a registered address at CF14 8LH, Cardiff, 13848554 - COMPANIES HOUSE DEFAULT ADDRESS.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.